1609 MARTIN WELLS ST, LEANDER, TX 78641
LEANDER, 78641 — williamson County
Property at a Glance
This home is estimated between $448,976 and $569,951, with a best estimate of $453,038. That places the property below the L123618C - BRYSON R5 median of $574,858, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$453,038
$561,717
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L123618C - BRYSON R5, this home's estimated market value is between $448,976 and $569,951. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$172,452 for 744 sqft less living space. Net adjustment: -$172,452.
Adjusted -$172,452 for 744 sqft less living space and +$4,157 for being newer. Net adjustment: -$168,295.
Adjusted +$4,157 for being newer. Net adjustment: +$4,157.
Adjusted +$4,157 for being newer. Net adjustment: +$4,157.
Adjusted -$172,452 for 744 sqft less living space and +$4,157 for being newer. Net adjustment: -$168,295.
The Neighborhood
This home is valued 2.3% below the L123618C - BRYSON R5 median of $574,858. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
L123618C - BRYSON R5
typicalThis home is -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,204 across all districts. With a homestead exemption claimed, that drops to $11,556 — saving $1,648 per year. That's $963 per month a buyer should budget. The assessed value increased +11.0% vs the subdivision average of -7.1%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,052 |
| Leander | City | 0.4173% | $2,323 |
| Williamson County | County | 0.3694% | $2,057 |
| Leander TODD MUD #1 | MUD | 0.3500% | $1,949 |
| Austin Community College | special | 0.1034% | $576 |
| Williamson County FM/Rd | County | 0.0443% | $247 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Tax District (T05) | other | 0.0000% | $0 |
| Total Annual Tax | 2.3714% | $13,204 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,038 would pay approximately $2,828 per month (principal and interest only, excluding taxes and insurance).